Folkestone Road West, Manchester, M11

Street Guide For Folkestone Road West, Manchester, M11

 

Folkestone Road West, Manchester, M11 Map

Estimated Price: £93,541
Average Asking Price: £113,685
Price change in last one year: £8,421
Average Price Paid: £80,666
Average Rent Rates: £655

 

Property Prices Breakdown in Folkestone Road West, Manchester, M11

Average Price for property in Folkestone Road West, Manchester, M11 is around £93,541 which varies based on type of property you are interested in and ranges from £90,744 for semi-detached to around £129,903 for terraced house. Values have been changing and have risen £53 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £578 in last 6 months, £8,421 in last 1 year, £8,220 in last 2 years, £8,356 in last 3 years, £6,626 in last 4 years and £2,310 in last 5 years.

Currently average asking price of a property in Folkestone Road West, Manchester, M11 is around £113,685 based on approximately 1 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £655 per month.

Estimated property value in Folkestone Road West, Manchester, M11 is £93,541. Average asking price is £113,685 while average price paid is £95,000 which is up by £8,421 and Avg. asking rent £655.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Folkestone Road West, Manchester, M11 area. In last 1 year alone average price buyer paid is around £95,000 based on approximately 1 sales in Folkestone Road West, Manchester, M11 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £84,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £80,666 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £80,666 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £80,690, £122,671 for a 3 bedroom house, £150,495 for a 4 bedroom house and £150,000 for a 5 bedroom house. For a flat similarly the prices varies from £89,566 for a single bedroom to £116,163 for a 2 bedroom Flat. To sum up the asking prices for properties in Folkestone Road West, Manchester, M11 it comes to around average £89,566 for 1 bedroom property, £98,839 for 2 bedroom, £122,671 for 3 bedroom, £150,495 for 4 bedroom and £150,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £349 for 1 bedroom to £543 for 2 bedroom, £595 for 3 bedroom and £814 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £632 and £897 for 3 bedroom. You should be generally be expecting around average £404 rent per month for single bedroom property, £583 for 2 bedroom, £638 for 3 bedroom and approximately £814 for 4 bedroom property in Folkestone Road West, Manchester, M11 area.

Popular Houses in Folkestone Road West, Manchester, M11

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Folkestone Road West, Manchester, M11